-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Bb1YL16gDotLpISTE7XxKQRO6o7iJMNeWA/yNMfDlkCOd4g+I55+i0ooojZzCXL7 JCON1mCOpCZq/KAkz/I4cA== 0000950123-09-074500.txt : 20091231 0000950123-09-074500.hdr.sgml : 20091231 20091231162130 ACCESSION NUMBER: 0000950123-09-074500 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20091224 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers FILED AS OF DATE: 20091231 DATE AS OF CHANGE: 20091231 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CAREY W P & CO LLC CENTRAL INDEX KEY: 0001025378 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE [6500] IRS NUMBER: 133912578 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-13779 FILM NUMBER: 091268758 BUSINESS ADDRESS: STREET 1: 50 ROCKEFELLER PLAZA CITY: NEW YORK STATE: NY ZIP: 10020 BUSINESS PHONE: 2124921100 MAIL ADDRESS: STREET 1: 50 ROCKEFELLER PLAZA CITY: NEW YORK STATE: NY ZIP: 10020 FORMER COMPANY: FORMER CONFORMED NAME: CAREY DIVERSIFIED LLC DATE OF NAME CHANGE: 19971017 FORMER COMPANY: FORMER CONFORMED NAME: CAREY DIVERSIFIED PROPERTIES LLC DATE OF NAME CHANGE: 19961017 8-K 1 y81308e8vk.htm FORM 8-K e8vk
 
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of report (Date of earliest event reported): December 24, 2009
W. P. CAREY & CO. LLC
(Exact Name of Registrant as Specified in Charter)
Delaware
(State or Other Jurisdiction of Incorporation)
     
001-13779   13-3912578
(Commission File Number)   (IRS Employer Identification No.)
     
50 Rockefeller Plaza, New York, NY   10020
(Address of Principal Executive Offices)   (Zip Code)
Registrant’s telephone number, including area code: (212) 492-1100
(Former Name or Former Address, if Changed Since Last Report)
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
o     Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o     Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o     Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o     Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 

 

 

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Edward V. LaPuma resigned from W. P. Carey & Co. LLC (the “Company”) and W. P. Carey International LLC (“WPCI”), and all affiliated entities, effective as of December 24, 2009, pursuant to a mutually agreed separation. During his 15-year tenure, Mr. LaPuma served in various positions with increasing responsibilities, including most recently as Managing Director and Head of International Investments for the Company and as President of WPCI.
As part of this separation, the Company agreed to purchase Mr. LaPuma’s minority interest in WPCI for $15,380,000 (the negotiated fair market value of such interest) in cash in full settlement of Mr. LaPuma’s rights under his employment agreement to put his WPCI interests to the Company under certain circumstances. The Company also agreed to pay Mr. LaPuma’s legal fees incurred in connection with the negotiation of his separation and this associated interest purchase. Under his separation agreement, Mr. LaPuma is subject to a three-month non-compete period.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this Report to be signed on its behalf by the undersigned, thereunto duly authorized.
         
  W. P. Carey & Co. LLC
 		  
Date: December 31, 2009  By:   /s/ Mark J. DeCesaris    
    Mark J. DeCesaris   
    Managing Director and
Acting Chief Financial Officer 		  
 

 

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